Amplify Lithium & Battery Technology ETF (NYSEARCA:BATT) Short Interest Down 22.9% in April

Amplify Lithium & Battery Technology ETF (NYSEARCA:BATT) was the target of a large decline in short interest in the month of April. As of April 15th, there was short interest totaling 245,074 shares, a decline of 22.9% from the March 31st total of 317,854 shares. Based on an average daily volume of 71,677 shares, the days-to-cover ratio is currently 3.4 days. Currently, 3.3% of the company’s shares are sold short.

Institutional Trading of Amplify Lithium & Battery Technology ETF

A number of institutional investors have recently modified their holdings of BATT. Jane Street Group LLC grew its holdings in shares of Amplify Lithium & Battery Technology ETF by 47.4% during the 2nd quarter. Jane Street Group LLC now owns 24,765 shares of the company’s stock worth $231,000 after purchasing an additional 7,964 shares during the period. Osaic Holdings Inc. lifted its position in Amplify Lithium & Battery Technology ETF by 16.3% during the 2nd quarter. Osaic Holdings Inc. now owns 11,158 shares of the company’s stock worth $104,000 after acquiring an additional 1,565 shares in the last quarter. CWM LLC lifted its position in Amplify Lithium & Battery Technology ETF by 46.9% during the 3rd quarter. CWM LLC now owns 14,884 shares of the company’s stock worth $193,000 after acquiring an additional 4,753 shares in the last quarter. Raymond James Financial Inc. lifted its position in Amplify Lithium & Battery Technology ETF by 708.2% during the 3rd quarter. Raymond James Financial Inc. now owns 114,102 shares of the company’s stock worth $1,482,000 after acquiring an additional 99,984 shares in the last quarter. Finally, Flow Traders U.S. LLC acquired a new position in Amplify Lithium & Battery Technology ETF during the 3rd quarter worth approximately $274,000.

Amplify Lithium & Battery Technology ETF Stock Performance

Shares of NYSEARCA:BATT traded down $0.04 during trading on Friday, reaching $16.92. 69,425 shares of the stock were exchanged, compared to its average volume of 77,446. Amplify Lithium & Battery Technology ETF has a 12-month low of $8.27 and a 12-month high of $17.20. The firm has a market cap of $127.75 million, a price-to-earnings ratio of 20.17 and a beta of 1.12. The firm’s 50-day moving average price is $15.56 and its 200 day moving average price is $14.65.

About Amplify Lithium & Battery Technology ETF

The Amplify Lithium & Battery Technology ETF (BATT) is an exchange-traded fund that is based on the EQM Lithium and Battery Technology index, a market-cap-weighted index that invests in global advanced battery material companies such as those that mine or produce lithium, cobalt, nickel, manganese, and graphite. BATT was launched on Jun 6, 2018 and is managed by Amplify.